UANI Applauds Doosan and Bobcat for Ending Their Business in Iran
FOR
IMMEDIATE RELEASE
June 7, 2011
Contact: Nathan Carleton, [email protected]
Phone: (212) 554-3296
UANI
Applauds Doosan and Bobcat for Ending Their
Business in Iran
New York, NY
- United Against Nuclear
Iran (UANI) on Tuesday
applauded the Doosan Corporation of South Korea and its American
subsidiary
Bobcat for ending their business in Iran.
Last month, UANI called on Doosan
and Bobcat to immediately end
their dealings in Iran, particularly those in Iran's energy
sector.
In a May 27, 2011 response letter to UANI, Doosan executives
stated that
Doosan has "adopted a policy of not accepting any new orders or
assignments from Iran and prohibiting all new business transactions in
Iran."
UANI applauds Doosan
for this
decision, and expects that any of its existing or past contracts in
Iran will
be quickly brought to a close. UANI also expects Doosan to
ensure it does
not earn any new profits from such contracts.
Doosan also assured
UANI that the
North Dakota-based Bobcat Company, its subsidiary, has "ceased doing
all
business in Iran" and will "not sell any products to third parties if
the ultimate destination is known to be Iran."
Responding to
Doosan's pledges,
UANI President, Ambassador Mark D. Wallace, said:
We applaud Doosan
and Bobcat for pulling out of Iran.
This was a responsible decision to make, and we trust that
neither Doosan
nor Bobcat will earn future revenues from any past sales or business in
Iran.
We thank Doosan for sharing our concerns about the abusive
and dangerous
regime that controls Iran and Iran's efforts to acquire nuclear
weapons.
We hope that
other companies will follow Doosan's
example and end their business in Iran. All responsible
corporations owe
it to their employees, customers, and shareholders to end their
business in
Iran.
This week, Acting Under Secretary
for Terrorism and Financial
Intelligence David Cohen is traveling to South Korea to push
for tougher
implementation of international sanctions against Iran. UANI urges all
South
Korean companies to pull out of Iran and send a strong, unified message
to the
regime to immediately change course.
Click here to read
the full text of UANI's letter to
Doosan and Bobcat.
Click here to learn
more about the Iran Disclosure
Project.
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